AerCap Signs Lease Agreements with Fly Meta for 4 Boeing 777-300ERSF



AerCap signed lease agreements for four Boeing 777-300ERSF aircraft with Fly Meta, a Hong Kong-based global air cargo charter company. The aircraft are scheduled to deliver in 2024 through 2025.

The Boeing 777-300ERSF, also known as ‘The Big Twin’, is the first passenger-to-freighter aircraft conversion program of the Boeing 777-300ER and will be the largest twin-engine freighter when it enters service this year.

“AerCap is delighted to welcome Fly Meta as a new customer to the 777-300ERSF ‘The Big Twin’ freighter conversion program,” Rich Greener, head of cargo at AerCap, said. “With 25% more capacity than today’s smaller twin-engine long-haul freighters, the Big Twin offers significant cost efficiencies, superior range, and outstanding operational commonality, and is therefore the ideal aircraft to support Fly Meta’s growing widebody freighter fleet.”

“We are thrilled to sign these lease agreements with AerCap for four Boeing 777-300ERSF freighter aircraft,” Helen Chen, CEO of Fly Meta, said. “We are confident that the situation will change for the better as China lifts its Covid restrictions, and that the cargo market will grow steadily over the coming years. We believe that the volume capabilities and greater cost efficiencies of the 777-300ERSF will give us a competitive advantage in the market.”

AerCap Cargo and Israel Aerospace Industries Group launched the 777-300ERSF conversion program in 2019. Today, AerCap Cargo has a firm order book of 20 Boeing 777-300ERSF aircraft and a further 10 options. The first aircraft is expected to deliver in the first half of 2023 to Kalitta Air, a U.S. cargo airline.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com